Why Mutual Funds Over Index Funds?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 26 June 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

💵 Start your free budget today. Download the EveryDollar app! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Brought to you by the Every Dollar app.
0:04.3	Start budgeting for free today.
0:06.4	So I'm not like an avid watcher of the Ramsey show,
0:10.4	but I see a lot of clips online where you guys talk about mutual funds
0:14.3	and investing in mutual funds.
0:15.9	I was wondering, why do you recommend mutual funds over index funds?
0:20.4	Great question, man. How old are you?
0:23.4	21.
0:25.0	Lovely. And are you investing right now?
0:28.2	Yeah, I've been investing since I was 15.
0:30.6	Oh, my goodness.
0:31.3	Dude, that's amazing. Who taught you that?
0:35.1	My dad taught me a little bit, and I read about it.
0:38.6	Nice.
0:39.2	What have you been investing in for the past six years?
0:43.4	Um, so I, I was doing like, um, mostly, mostly index funds, but, um, I like to play around, do some stock picks, but, you know, obviously not a lot of, not a big portion of my portfolio goes towards that.
0:58.7	Okay. Are you working full time?
1:02.2	Yeah, I'm in marketing.
1:04.0	Nice. That's amazing. Okay. And how much are you investing as a percentage of your gross household income?
1:11.2	Probably like 25, 30%.
1:13.9	Oh my goodness.
1:15.4	Okay.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.